12, LAMB BANK, MALVERN, WR14 4NE - £175,000

12 LAMB BANK is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £175,000 in June 2014, which was around 43% below the average June 2014 detached price in the Malvern Hills local authority area. The most recent EPC inspection was November 2012, where the current energy rating was F, and the potential energy rating was B.

12 LAMB BANK Sold Prices

Land registry data shows two sales for 12 LAMB BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Malvern Hills local authority area for the corresponding sale date. Both of the two 12 LAMB BANK sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 13 JUN	£175,000	£308,528	43% below HPI
2003 15 APR	£127,500	£207,945	39% below HPI

12 LAMB BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Malvern Hills local authority area over time, sourced from the HPI. The two 12 LAMB BANK sales from April 2003 and June 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 12 LAMB BANK?

12 LAMB BANK is 60m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Great Malvern, based on EPC data. The below chart shows the distribution of detached houses by size in Great Malvern, and where 12 LAMB BANK lies on this distribution: 2% of detached houses are smaller than 12 LAMB BANK, and 97% of houses are larger. Note that EPC data is not available for all properties in Great Malvern.

12 LAMB BANK: Plot and Title Map

12 LAMB BANK sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 12 LAMB BANK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 LAMB BANK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 LAMB BANK?

12 LAMB BANK is located in MALVERN, in the WR14 postcode district. The below map shows the position of No. 12 on LAMB BANK.